China is considering approving more than 10 trillion yuan ($1.4 trillion) in additional debt over the next few years to revive its struggling economy. This move is expected to be further enhanced depending on the outcome of the upcoming U.S. presidential election, particularly if Donald Trump wins.
Sources familiar with the discussions indicate that this potential issuance of debt reflects the Chinese government's proactive approach to addressing economic challenges and stimulating growth. The fiscal measures are expected to play a crucial role in bolstering economic stability in the face of ongoing uncertainties.